Describe the stregth and weakness of quantitative research
Answers
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Explanation:
strength of Quantitative Research
It provides an allowance on the formulation of statistically sound
Quantitative data provides a macro view with all the required details and comparatively larger samples.
Larger sample sizes enable the conclusion to be generalized.
Evaluation of the multiple data sets can be done at once and that too at a faster pace and accurately.
This method is called to be appropriate when there is a need of systematic and standardised comparisons.
The manual implementations of ideas can be automated completely which can save time.
•weakness of quantitative research
This type of research requires the model performance to be monitored on constant basis in order to ensure its compliance with the original hypotheses.
This method involves limited number of Quants supply and also involves complex disciplines which are hard to master.